President Obama signs the “Dodd-Frank – Wall Street Reform and Consumer Protection Act” into law

July 21, 2010

President Obama has signed The “Dodd-Frank – Wall Street Reform and Consumer Protection Act” into law today, July 21, 2010 at 11:30AM.

Brief history of the Bill: The Wall Street Reform and Consumer Protection Act of 2009 (H.R. 4173) was passed by the U.S. House of Representatives on December 11, 2009 and the Restoring American Financial Stability Act of 2010 (S. 3217) was passed by the U.S. Senate on May 20, 2010. The Congressional Conference Committee on Financial Regulatory Reform reconciled the two bills and the final legislation was named the “Dodd-Frank – Wall Street Reform and Consumer Protection Act”. The House approved the reconciled bill on June 30th and the Senate voted and passed it on July 15.  The enrolled (passed by both houses) version of the bill can be found at – 2009 CONG US HR 4173 (July 16, 2010).

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 reforms the regulation of the financial industry and protects consumers and investors. The Law is over 2000 pages long and the news databases are a great place to get relevant information. For example, try the following search for information discussing different aspects of the law:

Database: MONDAQ
Query: DA(7/2010) & PR,CA,TI(FINAN! WALL-STREET /5 REFORM! REGULAT! STABILITY) & “WALL STREET REFORM AND CONSUMER PROTECTION ACT”

The enrolled (passed by both houses) version of the bill can be found at –
2009 CONG US HR 4173 (July 16, 2010).

The full text of the House Conference Committee Report at 2010 WL 2671804: H.R. CONF. REP. 111-517

Our previous post can be found here.




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